Define an intermediate good
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by Shahdab Saifi 4 years, 2 months ago
- 2 answers
Yogita Ingle 4 years, 2 months ago
Goods which are within the boundary line of production with it value yet to be added and are unavailable for uses by their final users are called intermediate goods.
These goods are consumed by another firm and are used as intermediate goods in the production process or for further sale. For example, papers purchased by newspaper agency for printing news are intermediate goods.
Value of intermediate goods is merged with the value of final goods. Here the value of intermediate good is not included in the estimation of national income.
Related Questions
Posted by Mr Pk Youtube 7 months, 3 weeks ago
- 0 answers
Posted by Geeta Rai 4 months ago
- 1 answers
Posted by Nidhi Sharma 2 weeks ago
- 0 answers
Posted by Mahesh Pateliya 5 months, 1 week ago
- 2 answers
Posted by Mohit Pal 5 months ago
- 2 answers
Posted by Bhumi Bhumi 2 months, 1 week ago
- 0 answers
Posted by Vakul Dhurve 3 months, 4 weeks ago
- 0 answers
Posted by Vansh Vansh12 4 weeks, 1 day ago
- 1 answers
Posted by Trisha Kandol 2 months, 4 weeks ago
- 1 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Jagdish Yadav 4 years, 2 months ago
0Thank You